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Trek Tech | 2018 Edition
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Trek Tech
| 2018 Edition
EMAIL: mvsitpublishing@msitsnp.in
ADDRESS:Jagdishpur, Sonipat, Haryana, 131001
EDITOR IN-CHIEF
DR. BARJESH KOCHAR
EDITOR
MS. POONAM JAKHAR
MAHAVIR SWAMI INSTITUTE OF TECHNOLOGY
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ABOUT MVSIT
ahavir Swami Institute of
Technology, established
in 2009 run by Bhagwan Mahavir
Education Foundation (BMEF)
promoted by highly well known
educationist & scientist Dr. Sanjay Jain
(Chairman). BMEF has established
more than 23 institutions at Surat
(Gujrat) & Delhi-NCR. The institute is
approved by AICTE, New Delhi &
Affiliated to GGSIPU, New Delhi. The
campus is spread in 22 acre of green
scenario land at Jagdishpur, Sonepat in
NCR.
The campus is just 10km away from
Delhi border. The campus has been
beautifully landscaped with extensive
greenery and plantation free from noise
and pollution having an atmosphere
congenial to higher learning. The
campus is 10 kms away from Singhu
border and 6kms from Rajeev Gandhi
educational city, and well connected by
public and private transport.
M
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ABOUT TREK TECH
The main purpose of MVSIT
College Magazine ‘MVSIT-Trek Tech’
is to inform, engage, inspire and
entertain a diverse readership --
including alumni, faculty, staff,
students and parents associated to
MVSIT family -- by presenting an
intimate, timely and honest portrait of
the College -- its people, its programs,
its history, its challenges, its resources
and its mission. In the originality of its
conception, in the excellence of its
writing and visual presentation and in
its commitment to accuracy, healthy
discourse and editorial balance, the
magazine endeavors to reflect the
values and the quality of the institution
itself.
MVSIT-Trek Tech with its
unique creative license will certainly
attain a blazing success in grabbing
esteemed readership. The first issue is
brimmed with various value-added
articles followed by photo gallery of a
number of proud moments and laurels
of MVSIT who enlightened the name of
the institute by grabbing university
rank in their odd semester exams held
in December-2017. By maintaining the
respect and interest of its readers, the
magazine aspires ultimately to inform
their opinion of the College and to
strengthen their commitment to its
welfare. suggestions and comments.
Ision
Our vision is to provide education that
transforms ideas into action,
opportunities into global advantage, and
capabilities into successful carrier and
dreams into realities and to achieve
progress with merit and ethics. Also to
develop MVSIT, as an institute of
academic and technological excellence.
ission
To develop high quality of technical
and managerial skills, innovative
research capabilities and exemplary
professional conduct for the progress of
mankind,adapting themselves to
changing technological environment
with the highest ethical values as the
inner strength and to instill high pattern
of disciplineand sincerity.
V
M
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CHAIRMAN’S MESSAGE
The stringent standards followed by our college since commencement have guided us
and helped us offer our students a contemporary, relevant and self-motivated
curriculum. We base our success on the fact that we have a robust reputation and our
students are placed in some of the best names in the global marketplace. The values
and environment we provide for our students are sustainable and see them successfully
through their formative years.
The investment we put in to our students today will help them achieve greater heights
and create the unimaginable. With immense pride and great pleasure, I welcome you
to the first issue of our e-magazine ‘MVSIT Trek Tech’ MVSIT magazine of
knowledge and understanding’ and sincerely hope that our website and e-magazine will
raise your interest and encourage you to take a step towards making one more positive
difference in your life.
Thank you and stay blessed.
Prof. Dr.Sanjay Jain
Chairman
Mahavir Swami Institute of Technology
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DIRECTOR’S MESSAGE
It gives me immense pleasure to release ‘MVSIT- Trek Tech’ MVSIT magazine
of Knowledge and understanding’ annual magazine of Mahavir Swami Institute of
Technology, Sonipat. There has been a continuous increase in the number of
activities of the students and the institute over the years. The faculty and students
of the institute are continuously involved in various cultural and technical
activities at state and national level congratulate the management, faculty, staff
and students for publishing ‘MVSIT- Trek Tech’.
This is only a small step towards a long journey. This issue will inspire all
of us for a new beginning enlightened with hope, confidence and faith in each other
on the road ahead. My good wishes to all and I hope that this issue of ‘MVSIT -
Trek Tech’ will be meaningful, enjoyable and memorable in fulfilling its
objectives. I am sure that untiring efforts put in by my colleagues, staff and
students will continue in future also.
Best wishes
Prof. Dr.BarjeshKochar
Director-Principal
Mahavir Swami Institute of Technology
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EDITOR’S MESSAGE
A thought that has been enduring in mind when it becomes real; is truly an interesting
and exciting experience. This magazine “Trek Tech” was one such cherished work
that had its roots in the persuasion. It would be a snapshot of the various activities and
advancements for all associated with MVSIT. Proper communication plays a vital role
in institution’s development. Trek Tech will serve to reinforce and allow increased
awareness, improved interaction and integration among all of us. Usually we fail to
appreciate the good deeds of many people and activities that happen around us as we
are engaged in irrelevant talks and assumptions. It could all change if we just pause to
think of what is our contribution to the society from which we have been gifted with
this blessed life. The progress of the society mainly depends on many people who are
working behind the scenes, overtime round the clock planning things to the smallest.
Trek Tech will be a medium to provide proper acknowledgement and respect all of
these efforts and its results.
This maiden issue of Trek Tech should inspire all of us for a new beginning enlighten
with hope, confidence and faith in each other in the road ahead......
Happy Reading!
Ms. Poonam Jakhar
Editor
Mahavir Swami Institute of Technology
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EDITORIAL TEAM
DR. BARJESH KOCHAR
Editor-In Chief
Director
Mahavir Swami Institute of Technology
MS. POONAM JAKHAR
Editor
Assistant Professor, Chemistry
Mahavir Swami Institute of Technology
MS. TANISHA MADAN Member
Assistant Professor, C.S.E. Mahavir Swami Institute of Technology
MS. RUCHIKA Member
Assistant Professor, E.C.E. Mahavir Swami Institute of Technology
MR. INDERPREET SINGH
Member
Mahavir Swami Institute of Technology
MR. MOHAN TIWARI Member HOD Civil
Mahavir Swami Institute of Technology
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TECHNICAL
SECTION
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Bitcoin, Blockchain and the Internet of Money
The future of finance could be dominated by blockchain technologies. A
traceable global currency complete with an efficient infrastructure will not only result
in massive cost reduction for all market participants, it will change global banking.
Bitcoin will do for payments what email did for communication.
A blockchain is a digitized, decentralized, public ledger of all cryptocurrency
transactions. Constantly growing as ‘completed’ blocks (the most recent transactions)
are recorded and added to it in chronological order, it allows market participants to
keep track of digital currency transactions without central recordkeeping. Each node
(a computer connected to the network) gets a copy of the blockchain, which is
downloaded automatically.
Originally developed as the accounting method for the virtual currency Bitcoin,
blockchains – which use what's known as distributed ledger technology (DLT) – are
appearing in a variety of commercial applications today. Currently, the technology is
primarily used to verify transactions, within digital currencies though it is possible to
digitize, code and insert practically any document into the blockchain. Doing so creat es
an indelible record that cannot be changed; furthermore, the record’s authenticity can
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be verified by the entire community using the blockchain instead of a single centralized
authority.
What is changing? • Blockchain will be adopted by central banks and cryptographically secured
currencies will become widely used.
• Nasdaq will launch blockchain-enabled digital ledger technology that will be
used to expand and enhance the equity management capabilities offered by its Nasdaq
Private Market platform.
• The settlement of currency, equity and fixed income trades almost
instantaneously through permissioned distributed ledgers creates a significant
opportunity for banks to drive efficiency and potentially create new asset classes.
Control
• New technologies such as blockchain have the potential to reduce cyber risks
by offering identity authentication through a visible ledger.
• There is no reason why requirements for numbering, maintaining and indexing
records and communicating information provided in records could not be met through
an electronic ledger system.
• Car rental agencies could use smart contracts that automatically allow rentals
when payment's received and insurance information is confirmed through a blockchain
record.
• A refrigerator equipped with sensors and connected to the Internet could use
blockchain to manage automated interactions with the external world-anything from
ordering and paying for food to arranging for its own software upgrades and tracking
its warranty.
• Small businesses could use blockchain to create trusted trading platforms among
themselves.
• Blockchain could potentially help bring robustness and transparency to the post -
trade environment.
• New technologies such as blockchain have the potential to reduce cyber risks
by offering identity authentication through a visible ledger.
• A bank could pay the supplier instantly over the Internet.
• Blockchain technology will alter timing on risk.
Crime
• A new blockchain startup has claimed its software could help track down
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criminals faster and cheaper than ever.
• Connecticut are warning parents that a new Darknet cryptocurrency called
Bitcoin could be to blame for helping underage drinkers to get buzzed.
Implications
Banks.
• Blockchain will be adopted by central banks and cryptographically secured
currencies will become widely used.
• Blockchain could replace central banks.
• Real risks remain for banks that choose to get involved with cryptocurrency
firms.
• Blockchain technology could reduce the UBS's infrastructure costs in cross-
border payments, securities trading and regulatory compliance by as much as $20
billion a year by 2022.
• The number of applications within and outside the banks could be reduced as
the Blockchain transaction contains all relevant information for the successful transfer
of assets and/or related contracts.
• Deutsche bank's economist sees blockchain as a threat because of the lack of
the IT infrastructure to support the technology involved.
• Ethereum is much more general purpose than bitcoin and could be useful for
banks.
• The future of finance in many nations could be dominated by Bitcoin and
cryptocurrencies.
A private blockchain run by banks could end up as just "another cartel" and function
as poorly as the payments consortium.
• Banks could become the "custodians of cryptographic keys".
• The blockchain could save lenders up to $20 billion annually in settlement.
• Blockchain technology could be used to bypass today's centralised financial
infrastructure entirely.
Industries
• Time and education will need to play a role as other industries are just realizing
one of the core innovations of the blockchain is its ability to reduce or eliminate trusted
counterparties in the transaction process.
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• Blockchain has the potential to create new industry opportunities and disrupt
existing technologies and processes.
• Blockchain technology will make the world even smaller as it increases the
speed and efficiency of transactional activity.
Governments
• The future of finance in many nations could be dominated by Bitcoin and
cryptocurrencies.
• Blockchain technology could be used to distribute social welfare in developing
nations.
• Elections are currently an expensive and arduous. Thanks to blockchain tech
they will soon be instantaneous.
Investing in Blockchains
Investors interested in getting on the blockchain technology bandwagon will find it is
now easier than ever to do so. In 2015, the venture capital concern Digital Currency
Group launched, intending to build what it refers to as "the largest early-stage
investment portfolio in the digital currency and blockchain ecosystem." Additionally,
according to a report published by the American Software-as-a-Service (SaaS)
company NASDAQ Private Market, the amount of venture capital being funneled into
cryptocurrency-using firms was anticipated to exceed $1 billion. Companies have even
become so interested in the technology that many have begun to play around with the
idea of creating their own private blockchains.
Nevertheless, blockchain startups are not without challenges. Among the most
significant is the fact that most consumers simply do not understand the extremely
complicated concept of blockchain technology. In order to overcome this challenge,
companies will need to find ways to precisely explain what they do in easily
understandable language – and how they intend to deal with issues like secure online
transactions and consumer privacy.
Blockchains and Bitcoin
The blockchain is perhaps the main technological innovation of Bitcoin. Bitcoin isn’t
regulated by a central authority. Instead, its users dictate and validate transactions
when one person pays another for goods or services, eliminating the need for a third
party to process or store payments. The completed transaction is publicly recorded into
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blocks and eventually into the blockchain, where it’s verified and relayed by other
Bitcoin users. On average, a new block is appended to the blockchain every 10 minutes,
through mining.
Based on the Bitcoin protocol, the blockchain database is shared by all nodes
participating in a system. Upon joining the network, each connected computer receives
a copy of the blockchain, which has records, and stands as proof of, every transaction
ever executed. It can thus provide insight about facts like how much value belonged a
particular address at any point in the past. Blockchain.info provides access to the entire
Bitcoin blockchain.
What makes it different from normal currencies?
Bitcoin can be used to buy things electronically. In that sense, it’s like conventional
dollars, euros, or yen, which are also traded digitally.
However, bitcoin’s most important characteristic, and the thing that makes it different
to conventional money, is that it is decentralized. No single institution controls the
bitcoin network. This puts some people at ease, because it means that a large bank can’t
control their money.
Prof. (Dr.) Barjesh Kochar
Director- Principal
Mahavir Swami Institute of Technology
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TECHNOLOGY AND DEVELOPMENT
Technology refers to the use of
tools, machines, materials, techniques
and sources of power to make work
easier and more productive. While
science is concerned with
understanding how and why things
happen, technology deals with making
things happen. Development is closely
related with technology. The stage of
development the human being has
arrived could have been possible
without the advancement in technology.
The radical change and advancement in
the economy, as we observe today, is
the result of the modern technology.
Technology has brought about
efficiency and quality in the
manufacturing sector.
Technological advancement has
reduced the risk involved in
manufacturing enterprises. There has
been tremendous improvement in the
field of health the world over not only
the average age of people has increased
but the mortality rate has also declined
considerably. This could be possible
only because of technological
advancement in health sector. There is
perhaps no field of human life which
has not been affected by technology.
Agriculture, industry, profession,
health, education, art, political
processes, recreation, religious
activities and daily life activities all are
under the influence of technology. With
the increased understanding of science
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and basic principles, there was
increased development. Basic electrical
machines were developed. This made
things even easier and there was
increase in development. Machines like
motors and electrical generators made it
easier to manufacture goods in large
quantities. The cost of production was
reduced and it was easy to maintain
consistent quality production of goods.
There was also the development of
alternative sources of energy. There
was continued research that leads to a
revolution in the manufacturing
industry. It’s agreeable that,
Technological progress has merely
provided us with more efficient means
for going whether forwards or
backwards as well. Technology has
enable u to increase our comfort and to
achieve efficiency in all sectors of life
.Without technology, we can’t achieve
any progress or development, we can
now modernize our industry so life
becomes easier for us and next
generations .despite advantages
mentioned above, there are drawbacks
of technology. So we can consider
technology is a servant but a bad
master. Technology is also needed to
raise our standard of living. Our homes
are more comfortable and use fewer
energy recourses thanks to
improvements in home construction
techniques as well as computer
technology. without technology we
couldn’t have treatments for heart
diseases thanks to progress in medicine
From the above ‘ mentioned lines we
come to a conclusion that says
“technology is good ” Without it there
would be no change ,no improvement s
in our economy ,our standard of living ,
or our health . Hence, we can’t deny the
necessity of technology.
Dr. Rajiv Dahiya
Department of Electronics &
Electrical Engg
Mahavir Swami Institute of
Technology
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Cloud Computing
Cloud computing was defined by NIST
in 2011 as “a model for enabling
convenient, on-demand network access
to a shared pool of configurable
computing resources (e.g., networks,
servers, storage, applications, and
services) that can be rapidly
provisioned and released with minimal
management effort or service provider
interaction”. On Gartner's Hype Cycle
of Emerging Technologies, cloud
computing has cycled from the peak of
inflated expectations in 2009 to
disappearing from the 2015 list,
indicating mainstream adoption and
therefore a growing level of
understanding of what cloud computing
can do for organizations. Given the
increasing adoption numbers reported
by analyst organizations such as IDC,
Gartner, and Morgan Stanley, we can
expect more cloud computing usage
over the next several decades.
HYBRID AND
COMMUNITY CLOUDS
Hybrid clouds—a combination of
public and private clouds—will
continue to increase as companies build
systems composed of self-contained,
independently deployable micro-
services.Micro-services will be
deployed in a combination of public and
private cloud instances, either by design
based on security and privacy
requirements, or decided at runtime
based on load or cost.
Community clouds are tailored for
organizations with common computing
requirements, interests, or regulatory
concerns, such as healthcare,
government, education, research,
financial services, and regulated private
industries. Examples include Amazon's
GovCloud and Microsoft's Azure
Government—targeted at US
government organizations—and United
Health Group's Optum Health Cloud for
the healthcare community. As
communities start seeing reported
benefits in terms of cost savings,
embedded regulatory and security
compliance, combined purchasing
power, and simplified management,
more partnerships will form community
clouds.
INTERNET OF THINGS
Companies will continue to collect and
generate large amounts of data to
understand their markets, customers,
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users, and processes. Combined with
increasing amounts of data coming from
Internet of Things (IoT) devices, it will
simply be a matter of cost efficiency for
many organizations to move to the
cloud for data storage and analytics.
CYBERSECURITY
Cybersecurity is an asymmetric
problem, meaning that it takes a large
amount of resources to protect against
attacks that are generated with a small
amount of resources. Given the high
cost of security and the losses for a
cloud provider in terms of money and
reputation as a result of data breaches,
many organizations simply can't make
the security investments that cloud
providers can and will to protect
themselves. This means that despite
what's reported in the news, the cloud
will be considered safer than on-
premise deployments for many
organizations.
SOFTWARE AS A SERVICE
Gartner's Magic Quadrant for cloud
infrastructure services in 2016's second
quarter shows Amazon Web Services,
Microsoft, IBM, and Google
dominating the market with a 54 percent
combined market share.More stringent
legislations regarding data security and
privacy, growing availability and low
latency expectations driven by the
digital economy and increase in mobile
devices worldwide, and an increase in
more sophisticated cyberattacks will
make it very difficult for companies to
remain competitive in the
infrastructure-as-a-service (IaaS)
provider market. In contrast, as
software vendors shift their business
models from on-premise licensed
software to public cloud–based
offerings, the number of software-as-a-
service (SaaS) products will continue to
grow, as reported by analysts such as
IDC and Gartner.
Another trigger for the increase in SaaS
providers is the move from horizontal
SaaS—broad business functions such as
customer relationship management and
enterprise resource planning—to
vertical SaaS, which focuses on vertical
industries such as healthcare,
energy/utilities, real estate, and retail.
Many of these SaaS providers run on
IaaS offerings, placing even more
requirements on IaaS providers and
making it difficult for smaller IaaS
providers to survive.
Cloud computing is in essence an
economic model—a different way to
acquire and manage IT resources.
Organizations typically adopt cloud
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computing as a way to solve a business
problem and not a technical problem.
Technologies and market players will
change over time, but the bottom line is
that cloud computing is here to stay,
especially for small and medium
enterprises that don't have the internal
resources to run IT departments.
Shivam Dubey
Student
Department of Computer Science & Engg.
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Data visualization: The big picture of big data
The 1977 film “Powers of Ten”
portrays the universe as an arena of both
continuity and change. The short
documentary, selected by the Library of
Congress as being “culturally,
historically or aesthetically
significant,” and written and directed by
Charles and Ray Eames, begins with a
1-meter distant shot of a man laying by
a picnic setting and steadily moves out
until it reveals the very edge of the
known universe. Then, at a rate of 10-
to-the-tenth meters per second, the film
rushes us back toward Earth to the
reclined man’s hand and further down
to the level of a carbon atom on his skin.
That fascinating journey into the macro
and then micro demonstrates visually
the importance of scale and, in a
metaphysical sense, the importance of
visualization itself.
The importance of data visualization
becomes more obvious when viewed
within the context of how the human
brain works. Much has been written in
recent years about how the processes of
the brain and how understanding those
processes can provide profound
insights. In his best-selling 2012 book
“Thinking, Fast and Slow,” Nobel
laureate Daniel Kahneman introduces
the terms System 1 and System 2. The
terms differentiate between the
information processing that occurs in
the human subconscious and conscious
minds. System 1 addresses the functions
that are uncontrolled and effortless.
System 2 comprises functions that are
controlled and require effort to engage.
In action, System 1 allows us to
instantaneously recognize facial
expressions – visual processing. In
contrast, System 2 allows us to make
complex decisions or apply reason.
A little more than a decade before the
release of Kahneman’s book, Danish
physicist Tor Nørretranders, in his book
“The User Illusion: Cutting
Consciousness Down to Size,” converts
the “bandwidth of human senses” to
computer terms. He explains just why
data visualization (a manifestation of
System 1) is perhaps the most powerful
form of data interpretation.
Nørretranders demonstrates that when
assessing the “language of the mind,”
the sense of sight simply operates at an
order of magnitude faster than the sense
of touch (similar to the bandwidth
associated with a network of
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computers), which in itself operates at
an order of magnitude faster than the
sense of smell. As such, the sense of
smell operates at an order of magnitude
faster than the sense of taste (which has
a bandwidth similar to a calculator)!
Figure 1: Natural log of relative operating
speeds. Source: “The User Illusion: Cutting
Consciousness Down to Size,” by Tor
Nørretranders (Penguin Press Science)
Realizing how quickly we understand
and internalize what we see is at the
foundation of what makes data
visualization such an important aspect
of how we analyze information and
make better decisions. That said, the
mechanisms behind data visualization
create a powerful tool to design
effective visualizations to suit any
context – whether that tool is a simple,
static bar chart or something vastly
more complex, multidimensional and
interactive. As such, the science behind
data visualization ranges from the
fundamentals of how we literally see to
the complexities of cognitive
psychology.
Combining the science with the art –
how best to portray the intent of any
particular visualization – winds up
somewhere on a curve between
presentation and exploration. The
difference between presentation and
exploration can be described as the
difference between presenting a known
story in a data set using analysis and
exploring a not-yet-understood data set
using a visual examination. Henry
David Thoreau said, “It’s not what you
look at that matters, it’s what you see.”
With data visualization, the
significance of the quote is quite literal.
It’s a fully formed discipline that
requires multiple skills – among them,
the knowledge of statistics, ideas of
space, design and topography, and a
deep subject matter expertise in the
sector being served.
FROM THEORY TO
PRACTICE
Currently, for any company that deals
with a titanic amount of data, data
visualization is and will remain an
absolutely fundamental tool. Verisk
Analytics is a prime example –
collecting and maintaining highly
granular data on several billions of
insurance policies and claims, credit
card and debit card transactions, real
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estate, health services, government and
human resources. While many
consumer-centric firms have long been
skilled in collecting information, they
now generate and acquire exponentially
growing, disparate and complex
quantities of data – and depend on that
data in many ways for their very
survival in today’s marketplace.
Much of the talk today about data
management and analysis and its effect
on how business gets done targets the
science of analytical modeling. In that
pursuit, many firms indeed have come
far, and yet they still have farther to go.
Large, well-capitalized firms (such as
banks, insurers, retailers) spend
considerable resources and energy
collecting and storing data, not just
because they produce a lot of it but more
likely because the regulatory
environment mandates storing much of
it. These firms haven’t spent nearly
enough effort aggregating their data
across functional silos, integrating
internal data with third-party data,
analyzing the data, and distributing the
resulting insights to people who can
take action on it.
As an example from the retail sector,
imagine that a retailer is looking to
assess the effectiveness of a particular
promotional campaign at its retail stores
through the holiday season. The
management team at the retailer would
invariably want to know: Do we know
the baseline sales at our stores and our
competitor stores before the
promotional period? Let’s say maybe.
Do we know how shoppers at our stores
respond to promotional offers in the
regular season? That’s another maybe.
Do we know what the weather was like
and if it played a role in affecting
shopper turnout at our stores during the
campaign period? That’s one more
maybe. Would all those pieces of
information come together at the same
time and be presented to management in
a manner that’s easy to analyze? That’s
highly unlikely. And that’s a great
example of where visualization
becomes so helpful.
As consumers of information, we’re all
demanding visualization in our own
way. We’ve started to reject the culture
of sound bites and non-synthesized
statistics that agenda-driven interest
groups have inundated us with in the
last two decades. Visualization allows
us to map the information in a way that
leads to better decision-making – easier
and faster. The 2012 Information Week
Business Intelligence, Analytics and
Information Management Survey,
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conducted in late 2011, indicated nearly
half (45 percent) of the 414 respondents
cited “ease-of-use challenges with
complex software/less-technically
savvy employees” as the second-biggest
barrier to adopting business
intelligence/analytics products –
fractionally behind the biggest barrier,
“data quality problems,” cited by 46
percent of respondents.
MOTHER NATURE’S
INFOGRAPHICS
Catastrophe risk management has come
a long way in its 25-year history, and
the sophistication of those analytics
goes well beyond the numbers in a
database. The end result has been fast,
intuitive insight into what drives risk.
Looking back to Superstorm Sandy,
healthcare officials in New York City,
in advance of the storm, were trying to
decide whether to evacuate hospitals. In
the end, many chose not to move
patients before the storm.
Unfortunately, numerous hospitals were
then catastrophically flooded, and
patients had to be moved during the
worst of the deluge.
Certainly, myriad factors go into
assessing a situation like that, but as
analytics and their visualization become
increasingly sophisticated, they’ll be
able to help risk-bearing organizations,
including insurers and local authorities,
develop appropriate prescriptions for
mitigating risk – by providing the
contextual detail for better-informed
decisions.
Today’s advanced climate models are
capable of effectively projecting the
impact of storms as they get closer to
coastlines or geographic regions. Such
models can assess the total number of
homeowners expected to be affected,
when an event is expected to worsen,
and when it will be safe for insurance
personnel to move into the area. The
visualization models enable the
decision-maker or assessor to evaluate
locations at the individual building
level. That capability facilitates a
preplanning process and allows
companies to communicate proactively
with policyholders so they can take
certain loss control measures – such as
boarding windows, reducing chance of
fire, and so on – to mitigate damage.
Such models are also allowing insurers
to readily project and visualize the
impact of fallen trees on power lines
serving a group of policyholders.
Given the complexity associated with
climate change and the inherent
difficulty in the assimilation of
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evolving and interdependent data, our
dependence on a sophisticated and
constantly improving visualization
capability is far too great to be denied.
THE SIGHT IN BUSINESS
INSIGHT
Unquestionably, the tried-and-true bar,
line and pie charts have served us well.
But when the complexities of
relationships are more nuanced and the
data becomes more unstructured, visual
analytics need to become more
dynamic, multidimensional and
customized.
For lenders and insurers, visualization
can help identify a range of data issues
quickly – from a high-level view of
exposure location to exposure
composition and completeness,
including breakdowns by profile of the
entities at risk (customers, businesses,
properties, vehicles and so on). Visual
link analysis technology helps discover
critical, previously hidden connections
within data. Seeing those connections –
within proprietary data, in data from
external sources or through a
combination of sources – provides
insight and knowledge to make
decisions. The technology finds all data
elements applicable to a question and
draws a picture of the connections
among those elements, revealing
previously invisible relationships. The
contextual approach provides a
multidimensional understanding of
profitability, customer behavior, and
industry trends.
Data integrity can be a significant
problem for large organizations,
especially where multiple, complex
databases are involved. Mapping
techniques often find thousands of
errors in a fraction of the normal time.
Mapping also finds red flags in claims
data. Fraud investigators at financial
institutions often use visual link
analysis to assist in their inquiries. For
example, a money-laundering
investigator monitors each check, credit
card or ATM withdrawal over a specific
threshold, and the technology helps in
instantly flagging irregular patterns,
revealing potential sources of fraud or
money laundering. Seeing those
connections – within company data, in
data from external sources or through a
combination of sources can give claims
investigators insight and knowledge to
help make better decisions.
Visualization is useful in insurance for
commercial fleet and personal auto
policyholders. Telematics programs use
sensors to determine factors as simple
as distance (vehicle miles traveled) and
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as sophisticated as camera-based
recording. Devices transmit and store
the resultant collection for immediate or
deferred analysis, meaningful
interpretation and visualization.
Although the use of telematics data and
visualization is in its early stages, the
usage-based insurance (UBI) opt-in rate
is expected to increase to 20 percent
over the next five years, according to
one recent industry poll. Other polls
consistently show that two-thirds of
consumers are open to telematics-based
insurance policies, especially if there’s
the potential for premium discounts.
Among newer consumers of vehicle
insurance — the Gen Ys and the
Millennials — the use of telematics and
visualization technology is almost
expected.
While throughout history and in the
present day there is always that rare
breed with the unique and innate ability
to quickly make sense of disparate
sources of information and data, the
mortals among us are blessed to be
living at a time replete with the data and
tools to make those connections for us
in a fraction – enabling us not only to
make better business decisions but
maybe even allow us to see the as yet
unforeseen
.
Devender Singh
Student
Department of Computer Science & Engg.
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Why You Should Adopt the Internet of Things
You approach your front door, you tap the screen of your smartphone and hear the
door unlock. When you walk into your house, your home is illuminated by your favorite
shade of blue. Your smart toaster automatically toasts you your perfect after work
bagel. Pandora hums relaxing music through your smart TV. Walking down the hall,
your floors warm to your feet. You face your smart mirror to check for any updates to
your calendar as you listen to tomorrow’s weather forecast.
All of this is accomplished through the Internet of Things. Truly, the Internet of Things
is ready to make your home a technological wonderland.
Why the Internet of Things technology is here to stay
Luckily, there is more to the technology than perfect bagels and moody lighting. IoT
goes beyond mere indulgence, although having a smart home equipped with cutting-
edge smart devices is a delight to interact with on a daily basis, IoT can do far more.
“IoT is transforming the everyday physical objects that surround us into an ecosystem
of information that will enrich our lives,” reads the esteemed PricewaterhouseCoopers
report. “From refrigerators to parking spaces to houses, the IoT is bringing more and
more things into the digital fold every day, which will likely make the IoT a multi-
trillion-dollar industry in the near future."
The overarching goal of IoT is to make us more efficient, more effective and more
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productive as individuals, groups, and communities. On the tech side, it is the idea of
a uniformly connected world of devices that can access the internet and communicate
at will.
This allows for transparent data sharing and constant application feedback which
directly results in more cohesive and better-made programs. In this article, we will
explore the reasons why IoT is worth adopting and why it could change everything
from stuffy corporate offices to co-ed college campuses.
THE INTERNET OF THINGS TECHNOLOGY IS A DREAM WORTH
BELIEVING
"The proliferation of devices with communicating-actuating capabilities is bringing
closer the vision of an Internet of Things,” says Jayavardhana Gubbi in a study about
future generations of computing, “where the sensing and actuation functions
seamlessly blend into the background, and new capabilities are made possible through
access of rich new information sources.
The power of IoT will only grow as computing power and devices proliferate. In kind,
the computing power of individual smart devices will continue to expand the abilities
and capabilities of each smart device. And as capabilities expand and connectivity
increases, the potentiality for smart companies, smart cities, and smart homes increases
exponentially.
“The evolution of the next generation mobile system will depend on the creativity of
the users in designing new applications,” continues Gubbi. “IoT is an ideal emerging
technology to influence this domain by providing new evolving data and the required
computational resources for creating revolutionary apps."
IoT is truly the next step in the information age. The Internet of Things could change
our everyday lives, our everyday work, and our everyday communities. Think of the
relief of not having to worry about what is in the refrigerator or if your stove is on
while you are at work. IoT seeks to give your day back by bringing everything under
your control to a single location.
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The technology will put your life at your fingertips as your smartphone becomes the
main hub for the rest of your world. IoT is not just a simple idea, but, is already a major
part of our lives. The industry will balloon to new heights with this tech and will allow
for fair and equal access to the inherent around the world. You do not want to be caught
unprepared for the technological revolution that will change our lives soon.
“The Internet will disappear,” said Google chairman Eric Schmidt. “There will be so
many IP addresses, so many devices, sensors, things that you are wearing, things that
you are interacting with, that you won't even sense it. It will be part of your presen ce
all the time. Imagine you walk into a room, and the room is dynamic. And with your
permission and all of that, you are interacting with the things going on in the room."
Anubhav
Student
Department of Civil Engg.
REVOLUTION TO THE COMMUNICATION
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Vision of FTTH in India: Providing Next Generation Nation-wide
Broadband Network for Improvement of National Connectivity
Fiber To The Home is a term used to
denote an access network which uses
optical fiber from the central access
point (such as a telephone switch) all
the way to the customer's home. FTTH
can deliver huge data rates to
customers. FTTH can offer all existing
services to a customer, such as
telephony, internet access and cable
television and radio using only one
infrastructure. FTTH will also make it
possible to meet the growing demand
from customers for two-way,
interactive, video-based services.
FTTH is sometimes called Fiber To
The Premises (FTTP).
Data growth in the Indian telecom
market has reduced the prominence of
traditional wireline broadband
technologies such as digital subscriber
line and cable modem. These
technologies are not efficient enough to
meet the customers’ demand for high-
bandwidth applications such as high
speed internet access, video-on-
demand, high definition TV, IPTV and
online gaming. In this scenario, fibre-
to-the-home (FTTH) technology,
which offers advantages like high
bandwidth capacity and the delivery of
high speed, high quality and multi-play
services (data, voice and video)
through a single channel, presents a
strong business opportunity for telecom
operators.
FTTH networks’ ability to deliver high
bandwidth has made investments in this
infrastructure very important for
operators. They are increasingly
deploying FTTH technology to
complement their wireless networks.
Spectrum crunch is another major
factor that has led operators to look for
viable alternative mediums. Also, to
achieve the broadband targets set by the
government under the National
Telecom Policy, it will be important to
drive FTTH growth along with other
technologies.
BENEFITS OF FIBER
CONNECTIVITY
Fiber-optic connectivity can lend a
great advantage to companies of all
sizes, particularly organizations who
use the cloud for apps or data storage.
Fiber coupled with voice-over-IP
(VoIP) telephony is a powerful
combination for business
communications. Fiber-optic Internet
is many times faster than even the
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highest-speed copper Internet
connections, with options available
that range from 5 Mbps to 100 Gbps
From customer relationship
management (CRM) tools to data
storage, the cloud is an important
business tool for apps, hosting, and
more. 82% of organizations are now
using the cloud in some capacity. The
speed and bandwidth capabilities of
fiber Internet mean faster access to
your data and applications stored in the
cloud Fiber Internet connectivity offers
significant reliability advantages over
copper Internet connectivity, due to the
fact that fiber is much stronger than
copper. Fiber-optic Internet is not
susceptible to inclement weather
conditions, which can damage or stall
data transmission via copper cabling.
Fiber is also resistant to human or
electrical interference unless fibers are
physically cut.The signal strength of
fiber-optic Internet does not degrade as
quickly over distance.The bandwidth
availability is significantly higher, and
speed does not decrease as high
demands are put on the network. Signs
of low bandwidth availability can
include slow speeds, delays, and
pixelated video quality.Latency is a
term used to describe delays that occur
while processing data over an Internet
connection. Fiber-optic Internet
eliminates many of the latency issues
users experience on cable Internet,
particularly when downloading or
uploading video or high-definition
content. The business benefits of
lowering latency could include: Better
voice quality for VoIP users, Ability to
move more apps to the cloud,
Downloads and uploads of huge files
without disruption, Improved
collaboration between employees
Mokshita
Student(ECE)
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